UPS moves to promote Foreign Trade Zone opportunities in a world of uncertainty

International trade is becoming increasingly complicated thanks to tariffs, trade agreements and political maneuvering such as Brexit. Having a logistics partner to guide companies through such uncertainties is certainly beneficial as complexity increases. To that end, in a well-timed move, UPS recently announced the incorporation of foreign trade zone (FTZ) capabilities within its customs brokerage, […]
  • Cathy Roberson
  • September 9, 2019

PSA, SATS sign MOU to enhance sea-air connectivity in Singapore

In an effort to encourage closer cooperation between air and ocean modes, port operator PSA International Pte Ltd. and ground handler SATS Ltd. signed a memorandum of understanding (MOU) today to provide cargo shippers and logistics service providers with better connectivity in the bustling hub of Singapore. The MOU was facilitated by the government agency […]
  • Randy Woods
  • May 9, 2019

The Malay Connection: Is Kuala Lumpur the next e-commerce gateway to China?

At an abandoned house on the outskirts of Georgetown in the Malaysian State of Penang, a man and his wife stand crouched over a box of seemingly random electronic components. Inside the carton is a set of specialized audio “tweeters” the pair plans to install throughout their dilapidated ancestral home in hopes of attracting a […]
  • Charles Kauffman
  • August 7, 2018

CEVA, IMSW partner to offer FTZ compliance services to U.S. clients

Today, Netherlands-based 3PL CEVA Logistics and supply chain consultant company IMS Worldwide, Inc. (IMSW), have entered into a partnership to integrate strategic federal trade zone (FTZ) compliance into CEVA’s ocean and air logistics clients in the United States. IMSW will provide its understanding of compliance with FTZs, which offer significant cost reductions for logistics companies […]
  • Nina Chamlou
  • May 30, 2018

DSV opens new office in Panama’s ‘free-trade zone’

Citing a new surge of growth in air cargo demand across the Latin American and Caribbean regions, Danish supply chain company DSV Sea & Air open the doors today at new office location in Panama City, Panama, a key transit hub well known for its free-trade zones. Located near the strategically Panama Canal, the new […]
  • Randy Woods
  • May 16, 2018

Pilot Freight Services gains FTZ status, expands El Paso facility

Yesterday, logistics services company Pilot Freighter Services revealed plans to expand its El Paso, Texas, facility to 40,000 square feet upon attaining status as a Foreign Trade Zone (FTZ) from U.S. Customs and Border Protection. The authorization will allow Pilot’s U.S.-based clients to reduce and, in some cases, opt out of customs duties normally associated […]
  • Nina Chamlou
  • April 13, 2018

Bolloré Logistics opens warehouse in Miami-area FTZ

Yesterday, French 3PL Bolloré Logistics opened a new 70,000-square-meter facility in the Miami-Dade County foreign trade zone (FTZ). The new operation will consolidate its existing freight forwarding and contract logistics services into one site. The new location will address demand for cargo-warehousing services from its clients in cosmetics, aerospace and general retail moving through Miami […]
  • Nina Chamlou
  • April 6, 2018

MIA foreign trade zone opens its doors

Last week, the U.S. Department of Commerce granted Miami International Airport (MIA) designation as a Foreign Trade Zone (FTZ) magnet site, an expansion of the county’s already-existing FTZ. Under the designation, the entire 3,230-acre site of MIA, operated by the Miami-Dade Aviation Department (MDAD), is now included under what is known as “FTZ 281.” This […]
  • Nina Chamlou
  • February 15, 2018

New Team Worldwide Indianapolis outpost targets region’s growing cross-border trade

Team Worldwide will expand its freight-forwarding and 3PL network to Indianapolis, U.S., starting Jan. 9, with the opening a new outpost near the Indiana Railroad/Canadian National Intermodal terminal. The Indianapolis outpost will be the first foreign trade zone (FTZ) warehouse facility in Team Worldwide’s global network, providing global connectivity, in addition to regional or national […]
  • Lewis King
  • January 3, 2018